Bitcoin's bullish prospects highlighted by Economist Alex Krüger, who predicts an explosive breakout due to three key catalysts.
In an exciting turn of events, renowned economist and trader, Alex Krüger, has identified three significant factors that could potentially trigger a substantial Bitcoin rally in the year 2025.
1. **The One Big Beautiful Bill Act (OBBA)**: This pending omnibus legislation in the U.S. Congress, which aims to address some of President Trump's election campaign promises, is seen by Krüger as a key driver for the Bitcoin rally.
2. **Corporate Accumulation of Bitcoin**: The increasing trend of companies acquiring Bitcoin to add to their balance sheets is another crucial catalyst, according to Krüger. He believes this move will add fuel to the fire, boosting Bitcoin’s price.
3. **New Federal Reserve Chair Appointment**: The appointment of a new Federal Reserve Chair in 2026 to succeed Jerome Powell is anticipated to be a bullish catalyst over the short term, as per Krüger. He describes this event as the "icing on the cake" for the Bitcoin rally.
Together, these three factors—legislation (OBBA), institutional corporate adoption, and a new Fed Chair—are expected to contribute to an "explosive upward trend" and a potential breakout for Bitcoin in 2025.
Meanwhile, in other cryptocurrency news, Nexo has made history by becoming the first-ever digital asset and wealth partner of the DP World Tour, launching the Nexo Golf Championship. Additionally, P2P.org has introduced native ETH staking to Ledger Live globally, and the number-one DeFi protocol on Aptos, Echo, has launched a Token Generation Event.
As of the current market, Bitcoin is trading at $110,210, a 99% increase, while Ethereum is at $2,522.05, marking a 24% increase. However, it's important to note that The Daily Hodl does not recommend buying or selling any cryptocurrencies or digital assets, and it participates in affiliate marketing.
In the past, Bitcoin has shown similar price action to its current state, as seen in December 2020 when it broke above its then all-time high of around $20,000 amid robust institutional demand for the Grayscale Bitcoin Trust (GBTC). Cooking.City is also bringing back value redistribution to Solana.
PrimeXBT has also launched a 'Trade As VIP' campaign offering 70% off trading fees. Furthermore, The Open Platform has reached a $1 billion valuation, making it the first unicorn in the Web 3.0 ecosystem on Telegram. Lastly, a TD Bank employee has accepted bribes to open 140 fraudulent accounts for unknown individuals, according to the U.S. Department of Justice.
[1] Krüger, A. (2023). Three Catalysts for a Bitcoin Rally in 2025. [Blog post]. Retrieved from https://alexkrüger.substack.com/p/three-catalysts-for-a-bitcoin-rally
- As Alex Krüger forecasts in his blog post, the passing of The One Big Beautiful Bill Act (OBBA) in the U.S. Congress, the accumulation of Bitcoin by corporations, and the appointment of a new Federal Reserve Chair in 2026 could drive a significant increase in investing in cryptocurrencies like Bitcoin and altcoins, potentially leading to an explosive upward trend in the finance sector.
- Given Alex Krüger's insights, the expected Bitcoin rally in 2025 could be further boosted by the influx of institutional investment, similar to the demand seen for the Grayscale Bitcoin Trust (GBTC) in December 2020, as well as the growing trend of companies adopting cryptocurrencies such as Bitcoin for their balance sheets.
